Tahir is 56 years old. He sells household goods such as kettles, pales, basins, and many others, as well as food products, such as macaroni and candies. He has been in this business for more than ten years. Because of his rich experience, Tahir is able to choose goods that meet the requirements of his clients, whose tastes differ. The business is quite successful and generates the stable income that allows Tahir to improve the living condition of his family.
Today Tahir is requesting a 1000 AZN loan. He is planning to use the loan to purchase new household goods and food goods to sell, thus enlarging the range of goods. With your help, this will be possible. Tahir has a good client history and has already paid off his first loan from KIVA successfully.
Aqroinvest Credit Union was founded in 2001 by a group of 32 farmers from Imishli. It has since grown to become the largest credit union in Azerbaijan, owned by its more than 5,400 borrowers and boasting a portfolio of nearly US$12 million.
AqroInvest is focused on providing loans to the following groups of people: rural farmers, people living in distant southern villages with little or no access to finance and internally displaced people and refugees, many of whom lost their homes and livelihoods during the violent conflicts in the 1990s.
In May 2011, Aqroinvest started a new project with Kiva proving higher education loans to students. The project gives students the support and financing they need to continue their education and helps pay for tuition fees at various universities in Azerbaijan. Aqroinvest is the first credit union in the country to offer students loans.